November 17, 2020
Colliers International has prepared $17 million in construction funding for a mixed-use development in Rose city, ME.
The half-acre advancement website is situated at 75 Chestnut St. in Rose City. Upon conclusion, the building will consist of a mix of 54, one- and also two-bedroom condominiums as well as two ground-floor business space. The property units will include premium interior surfaces, large kitchen areas and also attached terraces with views of midtown Rose city and also Back Cove. Building is slated to begin before year-end and also continue via early 2022.
Jeff Black, Sean Burke and Bryan Koop of Colliers safeguarded the funding in behalf of the consumer, The Procopio Cos. The lender was not disclosed.
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